Property Improvement and Manufactured Housing Loan Modernization Act of 2025 increases loan limits and clarifies use of property improvement loans.
The Property Improvement and Manufactured Housing Loan Modernization Act of 2025 amends the National Housing Act to increase loan limits for manufactured and modular homes. It also clarifies that property improvement loans can be used for constructing accessory dwelling units. The bill mandates the Secretary of Housing and Urban Development to develop methods for annually indexing loan limits. Additionally, it requires a study on the cost effectiveness of factory-built housing, including manufactured and modular homes.
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- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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